by Investors flocking to the fairness rally will likely be disillusioned as they’re in direct defiance of the Federal Reserve, in keeping with Morgan Stanley strategists.
“Better value motion in shares has began to persuade many traders they’re lacking one thing — compelling them to take part extra actively,” a crew led by Michael Wilson wrote in a notice. “We assume the current value motion is extra a mirrored image of the seasonal January impact and brief overlaying after a troublesome finish to December and a brutal yr.”
